Mr J was in a Debt Management Plan with historical defaults registered on his credit file. He was paying £1900pm on his current mortgage, secured loan and DMP. The current mortgage was in joint names and following a marital split, and he wanted to put the house in his sole name. We arranged an adverse credit remortgage in his sole for £185K based on a valuation of £250K at a fixed rate of 3.44% for two years with repayments of £1035 per month.
Miss D contacted us after being told by other mortgage brokers they could not assist her with a adverse credit mortgage application. Miss D required a mortgage for £90K based on a purchase price of £150K. She had a number of defaults registered against her including two registered within the last 12 months, totalling £14K. We secured a mortgage approval for £90K at a mortgage rate of 5.75%.
Mrs M required a mortgage for £87000 against a purchase price of £118000. She had a number of historical defaults registered with a total value of £23000. We secured Mrs M a 3.64% fixed rate mortgage for three years.
Mr & Mrs N required an 85% mortgage for £250,000. They had a number of defaults including two registered within the last two years. We secured a mortgage approval for them at a 6.69% fixed rate for two years.